Ørsted A/S (ORSTED.CO)
| Previous Close | 404.20 |
| Open | 401.00 |
| Bid | 401.80 x 0 |
| Ask | 401.90 x 0 |
| Day's Range | 398.40 - 407.00 |
| 52 Week Range | 248.00 - 679.60 |
| Volume | |
| Avg. Volume | 601,311 |
| Market Cap | 168.848B |
| Beta (5Y Monthly) | 0.65 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -51.11 |
| Earnings Date | Aug 15, 2024 |
| Forward Dividend & Yield | 13.50 (3.65%) |
| Ex-Dividend Date | Mar 08, 2023 |
| 1y Target Est | 448.40 |
ReutersWind farm developer Orsted confident about strategy after Q1 profit rises
Orsted, the world's biggest offshore wind farm developer, reported on Thursday a rise in first-quarter operating profit thanks to higher earnings from its offshore wind farms, and confirmed its full-year guidance. The offshore wind industry has been struggling with rising inflation, interest rate hikes and supply chain delays. Following a strategic review of its business, Orsted, which is 51%-owned by the Danish state, trimmed in February its investment and capacity targets, paused dividend payouts, and its finance and operations chiefs stepped down.
ReutersOrsted must restore investor confidence, says new chair
Denmark's Orsted must restore investor confidence, new chair Lene Skole said on Tuesday after a shareholder meeting elected her to oversee the offshore wind power giant's turnaround drive. She takes the role as the world's largest offshore wind farm developer looks to bounce back from a string of losses and project cancellations. Late last year, the company scrapped two U.S. offshore wind projects.
ReutersWind power giant Orsted appoints CFO, head of operations
Denmark's Orsted announced a new chief financial officer and head of operations on Tuesday as the world's largest offshore wind farm developer looks to bounce back from a string of losses and project cancellations. Rising inflation, interest rate hikes and supply chain snags have squeezed offshore wind developers facing growing demand. Orsted appointed Trond Westlie as CFO, a post he held at Danish shipping giant A.P. Moller-Maersk and Norway's Telenor.
